The Asia Pacific region commands a significant market share in terms of revenue generated for underwater connector and it is estimated that it will continue to dominate the market share through-out the forecast period. Smart cities, and digitalization policies in various countries of APAC have been major driving forces behind the need of a robust internet infrastructure in the region, and have also been the biggest economic drivers for respective countries.
The underwater connector market has been segmented on the basis of connection into electrical, optical fiber, and hybrid. Connectors for underwater use are an essential component of many subsea systems, and they make it easier to conduct onshore or offshore testing, more convenient to manage cabled assemblies and expedite ease of installation at the time of deployment.
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Global Underwater Connector Market - Company Profiles Birns Aquamate, Birns, Eaton Corporation, Fischer Connectors SA, Hydro Group, Lemo S.A, Marshall Underwater Industries, Seacon Group, Souriau SAS, Teledyne Marine, Gisma Steckverbinder, C.R. Encapsulation Limited, Glenair, Dwtek, Scorpion Oceanics.
The underwater connector market by component is segmented into rubber-molded, inductive coupling, fluid-filled underwater mateable connector, and rigid-shell/bulk-headed. Each of the types has its advantages, disadvantages, and functions. Rubber molded connectors are the most commonly used for underwater connections. The fluid-filled connector uses a cavity filled with a dielectric fluid, usually oil, to separate the contact from seawater. The rigid-shell/bulk-headed and inductive coupling connector types are mostly used for high voltage applications in power transmission applications.
The global underwater connector market based on application has been segmented into military and defense , telecommunications, oceanography, oil and gas , ROVs/AUVs , and others. Data streaming industry is a dynamic industry and needs a high level of flexibility. Rubber molded connectors are the most commonly used for underwater connections. The fluid-filled connector uses a cavity filled with a dielectric fluid, usually oil, to separate the contact from seawater. The rigid-shell/bulk-headed and inductive coupling connector types are mostly used for high voltage applications in power transmission applications. The telecommunications segment led the global underwater connector market, by application in 2018.
Optical Submarine Cable systems play a principal role in international telecommunications, thanks to their superiority over satellite systems in terms of stability, latency, and upgradability. The business of constructing and then maintaining and selling capacity over submarine fibre optic cables is fascinating and is fundamental to modern-day communications. The sector has its unique challenges due to the extraordinarily rapid pace of development in transmission technologies as well as the timescales and levels of investment required to build new systems. This factor would be propelling the demand of underwater connector market in the forecast period.
Traditional geo-political disputes are gradually aggravating, as the several countries are striving to gain more control over maritime trade routes and maritime assets such as underwater oil reserves and other offshore resources. Following these disputes, the demand for constant and efficient maritime surveillance are being emphasized upon all countries. One of the major existing disputes is China’s conflict with its neighbours in the South China Sea and Pacific Ocean, which is driving the demand for underwater systems in the South East Asian region, particularly in building naval strengths to counter underwater threats from enemies. Therefore, the underwater connector market across the globe is anticipated to grow.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.